Global Development Finance Projects Slow Growth for 1999

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collection.link.193
https://openknowledge.worldbank.org/handle/10986/9424
collection.name.193
PREM Notes
dc.contributor.author
Aiyar, Swaminathan S.
dc.contributor.author
Brahmbhatt, Milan
dc.date.accessioned
2012-08-13T15:11:15Z
dc.date.available
2012-08-13T15:11:15Z
dc.date.issued
1999-05
dc.date.lastModified
2021-06-14T11:03:15Z
dc.description.abstract
The growth prospects of developing countries have worsened over the past six months, world trade growth has slowed, capital flows are unlikely to recover to pre-crisis levels in the near term, and, commodity prices are weak. This note reviews the reduced access to international capital flows by most emerging countries, as a result of the financial crises, while dollar export prices for developing countries fell eleven percent in 1998, with both primary commodities, and manufactures suffering. As a result, world trade fell one percent in current dollars in 1998, the first decline since 1993, while global trade volume in goods, grew only four to five percent in 1998, the slowest advance since 1992, barely half the performance in 1997. The note provides an outlook for developing regions, with expected differences in performance between regions, noting significant downside risks to even this somber outlook, and, predicts potential revival of protectionist sentiments in the United States, and Europe, should economic activity contract.
en
dc.identifier
http://documents.worldbank.org/curated/en/1999/05/717481/global-development-finance-projects-slow-growth-1999
dc.identifier.uri
http://hdl.handle.net/10986/11480
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
PREM Notes; No. 21
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
DEVELOPMENT FINANCE
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GLOBAL MARKET
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FORECASTS
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ECONOMIC GROWTH
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DEVELOPING COUNTRIES
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INDUSTRIALIZED SOCIETIES
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INTERNATIONAL TRADE
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CAPITAL FLOWS
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COMMODITY PRICES
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EMERGING ECONOMIES
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FINANCIAL CRISES
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EXPORT PRICES
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PERFORMANCE INDICATORS
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RISK ASSESSMENTS
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PROTECTIONIST MEASURES
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ECONOMIC CONTRACTION BALANCE OF PAYMENTS
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BANK LOANS
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CAPITAL FLOWS
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DEBT
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DEVALUATION
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DEVELOPING COUNTRIES
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DEVELOPING COUNTRY
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DEVELOPING REGIONS
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DEVELOPMENT ECONOMICS
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DIVERGENCE
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ECONOMIC ACTIVITY
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ECONOMIC GROWTH
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ECONOMIC MANAGEMENT
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ECONOMIC POLICY
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EXPORT GROWTH
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EXPORTS
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FACTOR ENDOWMENTS
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FINANCIAL CRISES
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FINANCIAL CRISIS
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FORECASTS
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GDP
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GROWTH PROSPECTS
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GROWTH RATES
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IMPORTS
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INCOME
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INFLATION
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INTEREST RATE
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INTEREST RATES
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MEDIUM TERM
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MONETARY POLICIES
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NORTH AFRICA
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OIL
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OIL PRICES
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PAYMENTS CRISIS
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POINT
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POLICY REFORMS
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POVERTY REDUCTION
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PRODUCERS
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PURCHASING POWER
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REAL GDP
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REMITTANCES
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SAVINGS
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TERMS OF TRADE
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TRADE POLICIES
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WEATHER PATTERNS
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WESTERN EUROPE
dc.title
Global Development Finance Projects Slow Growth for 1999
en
okr.doctype
Publications & Research :: Brief
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/1999/05/717481/global-development-finance-projects-slow-growth-1999
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Transport and ICT
okr.globalpractice
Poverty
okr.globalpractice
Environment and Natural Resources
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b082ef1665_2_0
okr.identifier.internaldocumentum
717481
okr.identifier.report
21256
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2000/12/15/000094946_00111805311983/Rendered/PDF/multi_page.pdf
en
okr.sector
Finance
okr.topic
Macroeconomics and Economic Growth :: Economic Conditions and Volatility
okr.topic
Economic Theory and Research
okr.topic
Earth Sciences and GIS
okr.topic
Environmental Economics and Policies
okr.topic
Poverty Reduction :: Achieving Shared Growth
okr.topic
Science and Technology Development
okr.topic
Environment
okr.unit
Development Economics and Chief Economist
okr.volume
1 of 1

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